growth looking good 5I RESEARCH ANSWER:
EGLX loss of 12 cents per share was worse than estimates of 6 cents. Revenue of $30.2M matched estimates. The company announced a small $11M acquisition of Tabwire, which tracks statistics in games. Revenue rose 321%. Gross profit rose 80%. Paid subscribers grew 49%. The balance sheet has improved with the recent financing. Despite the headline miss we think investors will like the very high growth, and future growth looks good. We would remain comfortable here